Focus on Business
UN aims to set standards for scandal-hit carbon markets at COP29
Governments could finally approve new UN standards for countries and companies wanting to trade carbon credits.
NRG Energy posts Q3 core profit beat, raises annual forecast
The Houston, Texas-based utility said it now expects the 2024 adjusted profit forecast to be between $5.95 and $6.75 per share.
Analysis: New green steel firms could reap rewards as EU carbon tariffs loom
New and strengthened rules in the EU against supply chain carbon emissions provide an opportunity for green steel producers.
From floods to regulations: Climate change poses complex risks for the banking sector
Climate change poses risks to banks on several levels: it can directly impact their finances, tarnish their image and land them in the...
Icahn plans raising stake in oil refiner CVR, WSJ reports
Icahn Enterprises LP (IEP) plans to raise its stake in U.S. oil refiner CVR Energy by more than 20 per cent, the WSJ...
US judge narrows investor lawsuit against Rio Tinto over Mongolian mine
A U.S. judge dismissed some claims in a lawsuit accusing Rio Tinto and ex-CEO Jacques of defrauding investors over Oyu Tolgoi mine delays.
LG Energy Solution signs 5-year battery supply deal with Rivian
LG Energy Solution’s Arizona unit has signed a five-year, 67 GWh battery supply deal with Rivian, powering its R2 EVs.
US LNG developers see Trump win lifting pall over expansions
U.S. LNG developers expect Trump's win to fast-track export permits, easing Biden-era DOE reviews focused on climate impacts.
Rivian’s quarterly revenue slumps for first time since IPO
Rivian posted its first drop in quarterly revenue on Thursday since the electric vehicle maker went public three years ago.
Lucid beats revenue estimates, reaffirms annual production
The company reported third-quarter revenue of $200 million, narrowly beating estimates of $198 million, according to data compiled by LSEG.
